Home
Top Ranked
Cities Map
Real Estate
Compare Cities
My City Rank
City Guides
State Guides
Lighthouse on the coast of Maine
Back to GreatPlacesToRetire.com GreatPlacesToRetire

Home Data | Cost of Living | Health | Population | Other

HOME PRICE TO RENT COMPARISON


Compare home prices to renting in your favorite retirement city or town. Is it more affordable to purchase that retirement home or to rent?

The Home Price/Rent Index is a tool to help with that decision.

Kingston, New York and Winter Haven, Florida have the lowest Price/Rent indexes of any of our top 99 retirement cities, indicating a great retirement home purchase opportunity.





Compare Home Prices to Rents
2016
         
  Home Price Monthly County Price/Rent
City/Town (000s) Rent (for Rent) Index*
Kingston, NY $159 $1,588   6.7
Winter Haven, FL $148 $1,284 Polk 7.7
Yarmouth, Cape Cod, MA $248 $1,970 Barnstable 8.5
Marietta, OH $119 $928 Washington 8.6
Valdosta, GA $138 $1,008   9.2
San Marcos, TX $224 $1,629 Caldwell/Hays 9.2
Concord, NH $198 $1,423 Merrimack 9.3
Hanover, PA $173 $1,237 York 9.4
Springfield, MO $152 $1,064   9.6
Gainesville, FL $183 $1,279   9.6
Rochester, MN $180 $1,257   9.6
Green Bay, WI $158 $1,099   9.7
Oak Ridge, TN $140 $972 Roane 9.7
Columbia, SC $167 $1,145   9.8
Lynchburg, VA $160 $1,088   9.9
* A lower Price/Rent Index is a strong case for buying that retirement home,
                        a higher index indicates you should consider renting.
* Price/Rent Ratio = Percentage of the City Average Home Price (adjusted for the
                        statistical difference between the average and median) to the Median
                        Annual Rent of a similar house (assume a 3-bedroom house)
Current Home Prices are through December 2016. Monthly Rents are for 2016.


Related City Link:







GreatPlacesToRetire.com Terms & Privacy | Site Map | About Us | Sources | Links | Advertise | Revised: 02/22/2017

Copyright © 2017 Great Places To Retire